💰 Solo Bitcoin miner earns $200,000 reward amid growing centralization concerns

A solo Bitcoin miner has independently solved a BTC block to earn a reward of 3.275 BTC, roughly equivalent to $200,000. On Aug. 29, Con Kolivas, a software engineer and administrator of the solo mining pool ckpool, announced on X that the miner had successfully solved the 291st solo block in Bitcoin’s history.

Source

https://t.me/Bitcoin_NewsTg

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💰 Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC) services.

Source

https://t.me/Bitcoin_NewsTg

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💰 Bitcoin's Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

Bitcoin’s difficulty ticked up 2.99% on Wednesday, reaching 89.47 trillion, where it will stay until Sept. 10, 2024. The network’s difficulty metric essentially functions like a self-adjusting thermostat for the Bitcoin network, maintaining a consistent pace of block creation regardless of fluctuations in mining power. Simply put, if hashpower increases and blocks are mined too quickly, the difficulty rises.

Source

https://t.me/Bitcoin_NewsTg

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🥇 Acre’s yield-bearing stBTC token is now live on Bitcoin scaling network Mezo

Mezo, the yield-bearing Bitcoin Layer 2 being developed by venture studio Thesis, is launching a liquid-staked bitcoin token in what could be a first for the network. Users mint stBTC by depositing either BitGo's wrapped bitcoin (WBTC) or the bitcoin-backed Ethereum token tBTC on Mezo, paying a fee and locking their tokens. These stBTC tokens can then be ported over to the tBTC/stBTC pool on DeFi platform Curve to receive Curve LP tokens.

Source

https://t.me/Bitcoin_NewsTg

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Finding Balance and Success: A Trader's Journey from Financial Stress to a Joyful Life check here: https://www.forexgdp.com/learn/overcoming-trading-stress/

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Nationwide Port Closures: Dockworker Strike Disrupts U.S. Trade check here: https://www.forexgdp.com/news/dockworkers-halt-us-trade/

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EURUSD - Euro Strengthens Toward 1.1200 with ECB and Fed Speeches in Focus check here: https://www.forexgdp.com/news/euro-dollar-nears-1-1200/

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GBPUSD- Pound Surges with Key US Economic Reports and Powell’s Update in Focus check here: https://www.forexgdp.com/news/pound-sterling-climbs-us-dollar-weakens/

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USDJPY - Japanese Yen Weakens as US Dollar Falters, Powell Speech Anticipated check here: https://www.forexgdp.com/news/yen-drops-as-dollar-eases/

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